Mr. J. A. Yavdinsky, a barrister-at-law of Old Petrograd fame and a well-known writer on economic topics has entered the public eye due to his articles in "Finance and Commerce" on "The Fallacies of the Monetary Theory." These article over 40 of which have been published already, attempt to disclose the real mesning of money, the historical evolution of the monetary system from the times of mere barter in metal up to the complicated banking operations of modern times, the outrageous effect of the present system upon the moral and social development of humanity and the profound impediments it creates to the problems of individual and social welfare, Although criticism of the monetary regime is no novelty in the field of modern thought, Mr.
Yavdynsky, instead of searching for ways to ameliorate the situation, demands that the entire system of "monetary economics" be abolished altogether, the very essence of the "Money Dragon" destroyed. In an appreciation of Mr. Yavdynsky's writings recently published in the. same journal Mr. George Synner-berg, former Commercial Attache to the Russian Legation in Peking say:
.the idea sounds sublime, but how such a metamorphosis of economic conditions can be attained is a mystery which puzzles the most sympathetic, mind." Mr. Yavdynsky, however, maintains that his plan is not one of the Utopian kind, but m: possibly steer us out of the stormy waters in the midst of which we are tossed about without rudder or sail.
The arrival here of Prof. G. G. Telberg, doctor of the history of Ru: sian law and once a Senator and the Minister of Justice in the Ems Government, is shortly expected from ingtao. Prof. Telberg has just completed his new book, which is being printed and will soon be ready for sale.
To commemorate its presentation of "Don Quixote" the Russian Ballet issued a special stamp which won immediate popularity among Russian philatelists.
This original form of publicity has been used in Europe and America, but is employed in Shanghai for the first time. Lovers of the ballet who are also stamp-collectors were pleasantly surprised when with their tickets they were given two stamps bearing a picture of Don Quixote. It will be remembered that in 1905 the Spanish Government commemorated the 300th anniversary of the "birth" of the Knight of Sevillia by issuing a series of stamps of different values illustrate ing some of the adventness of Don Quixote and Sancho Panza. These stamps at once made a "hit" and were soon followed by mai imitations. In Shanghai the seri now valued at $130 local currency.
Text read from the printed page and cleaned; old type leaves the occasional error.